Showing 1 - 10 of 683
This paper assesses the impact of competition on racial discrimination. The dismantling of inter- and intrastate bank restrictions by U.S. states from the mid-1970s to the mid-1990s reduced financial market imperfections, lowered entry barriers facing nonfinancial firms, and boosted the rate of...
Persistent link: https://www.econbiz.de/10005061610
What explains the current low rate of employment in the US? While there has been substantial debate over this question in recent years, we believe that considerable added insight can be derived by focusing on changes in the labor market at the turn of the century. In particular, we argue that in...
Persistent link: https://www.econbiz.de/10010969214
We analyze the early labor market outcomes of U.S. college graduates from the classes of 1974 to 2011, as a function of the economic conditions into which they graduated. We have three main findings. First, poor labor market conditions substantially disrupt early careers. A large recession at...
Persistent link: https://www.econbiz.de/10010969263
Firms play a central role in the selection, sponsorship, and employment of skilled immigrants entering the United States for work through programs like the H-1B visa. This role has not been widely recognized in the literature, and the data to better understand it have only recently become...
Persistent link: https://www.econbiz.de/10010969384
Many literatures investigate the causal impact of income on economic outcomes, for example in the context of intergenerational transmission or well-being and health. Some studies have proposed to use employer wage differentials and in particular industry affiliation as an instrument for income....
Persistent link: https://www.econbiz.de/10010969398
that wages of blacks rise less with agglomeration in the workplace location, measured as employment density per square … kilometer, than do white wages. This pattern holds even though our method allows for non-parametric controls for the effects of … age, education, and other demographics on wages, for unobserved worker skill as proxied by residential location, and for …
Persistent link: https://www.econbiz.de/10010950796
This study examines the role of the Indian diaspora in the outsourcing of work to India. Our data are taken from oDesk, the world's largest online platform for outsourced contracts, where India is the largest country in terms of contract volume. We use an ethnic name procedure to identify ethnic...
Persistent link: https://www.econbiz.de/10010950885
This paper asks whether disclosing wages to the public changes wage setting at the top of the public sector income … mandate manager wages were already in the public domain. This decline was largely accomplished through nominal pay cuts. The … these sets of cities. Wages were cut irrespective of whether or not they were out of line with (measured) fundamentals …
Persistent link: https://www.econbiz.de/10010950896
Understanding how returns to higher education vary across degree programs is critical for effective higher education policy. Yet there is little evidence as to whether all degrees improve labor market outcomes, and whether they do so for students from different types of backgrounds. We combine...
Persistent link: https://www.econbiz.de/10010950920
We test for sorting of workers between and within industrial sectors in a directed search model with coordination frictions. We fit the model to sector-specific vacancy and output data along with publicly-available statistics that characterize the distribution of worker and employer wage...
Persistent link: https://www.econbiz.de/10010951088